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Home»Bitcoin»Dolce & Gabbana USA out of the hook in the case of NFT fraud of $ 25 million
Bitcoin

Dolce & Gabbana USA out of the hook in the case of NFT fraud of $ 25 million

July 15, 2025No Comments
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The American federal judge in the South New York district finally acquitted Dolce & Gabbana in a collective appeal involving his project as a linked non -brutal token. The luxury fashion house was accused of carpets pulling its non -Bubability token project after failing to keep its promise while retaining customers’ funds. Dolce & Gabbana joins the growing list of NFT projects that have just escaped litigation.

D&G USA acquitted in a case of NFT fraud

In a July 11, 2025, a decision published yesterday, his lordship Naomi Reice, the American federal judge in the South District of New York, rejected the collective appeal involving Dolce & Gabbana USA. Founded in 1996, Dolce & Gabbana USA is an American luxury fashion house that designs, manufactures and sells high -end clothes, leather items, shoes, jewelry and watches.

Dolce & Gabbana USA is a subsidiary of Dolce & Gabbana SRL, an Italian luxury fashion house known for its extravagant and elegant creations, often inspired by Italian culture and heritage. They also have a strong presence on the beauty and perfume market. In the United States, the Dolce & Gabbana US has stores and is also available via large and online channels.

Dolce & Gabbana USA ended up in the corridors of justice in September 2024. At the time, the luxury fashion house, alongside its parent company, was accused of abandoning its project as a non -drinkable token of the DG family, making its investments lose. The NFT project of the DG family, associated with Dolce & Gabbana, faced allegations to be a “carpet traction” after omitting to offer advantages promised to holders of non -spindle tokens.

Dolce & Gabbana accused of pocketing $ 25 million in the faulty NFT project

– William Farrington (@willvfarrington) May 17, 2024

DG NFT family fraud box explained

On the basis of the loaded sheet, the applicant said that the DG family project had abandoned his mission after having collected more than $ 25 million and not providing promised digital and physical goods and access to the event. However, an American court rejected the case against the US Dolce & Gabbana subsidiary, noting that the Italian parent company, not the American branch, was responsible for the NFT project.

1 /
Dolce & Gabbana and @Uunxd_nft Advertise the highly anticipated launch of the DGFAMIly community. 3 distinct boxes + digital, physical and experiential advantages that take holders of a journey between real life and the metavese.

🧵👇 pic.twitter.com/r5t0m3ffbs

– Dolce & Gabbana (@dolcegabbana) February 21, 2022

Since the US Dolce & Gabbana branch was authorized in the dispute, it is not clear how the trial will take place. Dolce & Gabbana was faced with several legal challenges, including a significant tax evasion case which was finally rejected. In 2014, the highest court in Italy acquitted the designers, Domenico Dolce and Stefano Gabbana, accusations of tax evasion, concluding that there was no case to respond.

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